The Ethical Issues Of Healthcare - 1851 Words

Ethical Issues in Healthcare Part One (1.1) In the healthcare profession various dilemmas can be encountered, sometimes everyday that put a professional in a position where they must make certain choices that can be classified as difficult or complicated depending on the individual or the situation. In the nursing profession not only do they have to consider the welfare of the patients but they also have to regard their wishes, which may create a conflict of interests in regards to promotion of well-being which would lead to the importance of informed consent. Respect for a person s autonomy as well as respect for the individual are essential requirements; however so is promoting public interest. Ethics is determined as making valued judgements to the means or end of care in order to ‘be a good nurse’. Furthermore code of conducts within nursing are based around principle ethics as well as medical ethics and states the rules the professional must abide by. It has involved or created various debates or complex issues that can be frequently argued; for example, euthanasia and whether is should be legalised in the United Kingdom, as it is in other countries. (Berridge, P. et al Liddle, C. 2010 p29-42). Two theories into ethics and how actions can be justified are known as deontological and utilitarian (also consequential) approaches. These two theories look at situations from different perspectives. Deontology is a moral theory that coincides with moral laws and commonShow MoreRelatedEthical Issues Of The Healthcare Essay756 Words   |  4 PagesEthical Systems in Healthcare Ethical Issues in Healthcare â€Å"If you don’t have integrity, you have nothing. You can’t buy it. You can have all the money in the world, but if you are not a moral and ethical person, you really have nothing†. –Henry Kravis - The American healthcare system delivers some of the finest care in the world. However, despite the high level of achievement delivered from the American healthcare system, it is afflicted with problems. Ethical issues that occur in the healthcareRead MoreEthical Issues in Healthcare1205 Words   |  5 PagesEthics Issues in Healthcare Technological and scientific advancement have become areas of great exponential change in the last century. The reverberations of this change is seen throughout nearly all aspects of human life from social evolution to the dynamics of education. Perhaps the most relevant alterations to humanity overall has been seen in areas concerning health, and our biological lives as humans in modernized cultures. The advancements in technology and science have directly translatedRead MoreEthical And Ethical Issues Of The Healthcare Professionals767 Words   |  4 Pagesto be confronted with ethical and legal issues in their daily practice. In order to protect the legal and ethical rights of the patient the health care professional must be knowledgeable about ethical principles (Guido, 2014). Ethics involves the principles or assumptions underpinning the way individuals or group ought to conduct themselves; ethics is concerned with motives and attitudes and the relationship of these attitudes to the individual (Guido, 2014). The healthcare professionals shouldRead MoreEthical Issues in Healthcare716 Words   |  3 PagesEthical Issue Facing Health Care: Electronic Patient Records One of the main ethical issues that faces health care is the security of patient information. This information is protected by laws and regulations such as HIPPA, but there are still concerns Scott, et al, 2005). Among those concerns is the new concept of electronic patient records and information. These records are designed to help hospitals and doctors get patient information more quickly, so that patients can receive treatment as soonRead MoreEthical Healthcare Issues Essay1193 Words   |  5 PagesRunning Head: ETHICAL HEALTHCARE Ethical Healthcare Issues Paper Wanda Douglas Health Law and Ethics/HCS 545 October 17, 2011 Nancy Moody Ethical Healthcare Issues Paper In today’s health care industry providing quality patient care and avoiding harm are the foundations of ethical practices. However, many health care professionals are not meeting the guidelines or expectations of the American College of Healthcare Executives (ACHE) or obeying the organizations code of ethics policiesRead MoreEthical Issues in Modern Healthcare1071 Words   |  4 PagesOne of the key issues in modern healthcare is not only advocacy and patient care, but keeping patients safe and free from harm. Globally, there are skyrocketing costs due to technology, wages, research and development, and an aging population. Much of the responsibility for patient safety, though, goes to the clear and direct responsibilities of the many professionals working in healthcare. Modern healthcare can be a rewarding, but challenging, career choice. Under the paradigm of quality healthRead MoreThe Ethical And Legal Issues Of Healthcare1680 Words   |  7 Pagesamong the largest ethic al and legal issues in healthcare. There is a concern as to whether or not there will be enough medications to go around in the future and how will these limited quantities be distributed. When shortages happen it is usually because economic incentive for a manufacturer is down. Money is king and if there is no profit to be made in manufacturing these medications then manufactures will not waste production time on them. Drug shortages will be a prevailing issue unless we canRead MoreEthical Issues Of The Healthcare System1159 Words   |  5 PagesAbstract The healthcare system is faced with many ethical dilemmas on a daily basis. There are basic principles in health care that every health care worker should practice to ensure safety and to protect the rights of others. This begins with confidentiality. Providing patient privacy and confidentiality are essential to promoting a bond between patients and his or her practitioners as well as preserving the patient’s dignity (Edge Grove, 2007). Under some circumstances, patient’s personal informationRead MoreThe Ethical Issue Within Healthcare2077 Words   |  9 PagesReproductive Ethics – Terminations Terminations have always been an ethical issue within healthcare as a lot of people feel that it is morally wrong to end a life and feel that terminating a pregnancy is morally wrong euthanasia of a child. However, there are lots of reasons why a woman would want to terminate, such as rape or unplanned pregnancy. This essay will look at the ethical issues from both sides of the argument as well as how this topic is linked to legislation within the UK. The EqualityRead MoreThe Ethical Issues of Healthcare Industry2043 Words   |  8 Pagesï » ¿Ethics is knowing the difference between what you have a right to do and what is right to do. Ethics and its subsequent practice have been a very contentious issue in American society of late. Our current economic resulted almost entirely of excessive greed and unethical actions of key financial institutions. As a result of their lack of integrity, the entire world economy has subsequently suffered in a very severe manner. Many have lost their homes; even more have lost their retirement savings

Ford Motor Company Case Analysis - 1104 Words

The current situation of the Ford Motor Company, revenue of $44 billion, 6 percent above second quarter 2006. The company net income of $750 million, or 31 cents per share. Profit of $258 million, or 13 cents per share, from continuing operations excluding special items. There was a significant year-over-year improvement for all automotive operations. Ford Motor Credit pre-tax profit of $112 million. Cost reductions of $600 million; $1.1 billion through the first half of 2007. There was automotive gross cash at June 30, 20015 of $37.4 billion. Ford Motor Company sales and revenue over the last three years has fluctuated tremendously, 2005 was 176.8 billion, 160.1 billion and for the year of 2006 and 172.5 billion for 2007. The current return on investment is -10.4. The Fortune 500 list for 2014 features Ford Motor Co. at number eight. The Artifacts of Ford Motor Ford Motor Company current mission statement is â€Å"committed to provide personal mobility for people around the world†. With that in mind their vision is to become the world’s leading Consumer Company for automotive products and services. By improving everything they do, the company provide superior returns to their shareholders (Vision, Mission, Values). Ford Motor Company s objective is to deliver a total return to shareholders in the top quarterly of the SP 500 over time. The company will meet this goal by the transformation into the world s leading consumer company for automotive products and services whichShow MoreRelatedFord Motor Company Written Case Analysis2381 Words   |  10 PagesTABLE OF CONTENTS 1. INTRODUCTION 2 2. Case Question 2-8 2.1 Define and discuss Fords business-level strategy. How can the companys value-chain activities be better linked to create value for the company? 2.2 How can Ford successfully position itself in terms of the five forces of competition? 2.3 In what ways can the company effectively manage customer relationships to increase strategic competitiveness? 2.4 What conditions and toolsRead MoreFord Motor Company Case Analysis1230 Words   |  5 Pages Company Summary: The Ford Motor Company is one of the most largest and profitable U.S. automakers in the world. Today the company headquarters operates in the Motor City, located in Dearborn, Michigan. The Ford Corporation was found by Henry Ford back in 1903, after a disagreement with his financial investors. He then decided to pursue his passion for owning his own business. The Ford Company designs and manufactures durable automobiles, automotive components, and systems. This corporation isRead MoreFord Motor Company Case Analysis Essay1585 Words   |  7 PagesThroughout the late twentieth century, the Ford Motor Company received numerous complaints regarding incidents involving their vehicles. Consumers of Ford vehicles reported that at least one of their tires spontaneous blew out while driving at highway speeds; more often than not, these accidents resulted in the driver losing control and rolling the vehicle, causing injury or death. After numerous lawsuits, lawyers began to notice a trend. Through multiple clients, they observed the majority of incidentsRead MoreFord Motor Company Case Analysis1842 Words   |  8 PagesDepartment FROM: Sawyer Folks, Business Analyst DATE: April 27, 2015 SUBJECT: Ford Motor Company Background The Ford Motor Company has had a rather tarnished legal history. Ford got into some hot water in the 1990s and 2000s over multiple safety scandals. One of these scandals occurred in 1996 and involved faulty ignition switches that would short and cause fires. The ignition switch scandal then led to Ford being sued by State Farm for neglecting to release information about the faulty ignitionRead MoreFord Motor Company Case Analysis Essay1776 Words   |  8 PagesIntroduction The Ford Motor Company (Ford or â€Å"the company) is an American automotive producer headquartered in Dearborn, Michigan. The company was founded on June 16, 1903, by Henry Ford. The Ford Motor Company manufactures and sells commercial vehicles, luxury cars, Standard Utility Vehicles (SUVs), and automotive parts all over the world. Known for their size, geography, and business model, Ford is often referred to as one of the â€Å"Big Three,† along with General Motors and Chrysler AutomobilesRead MoreFord Motor Company Case Analysis1788 Words   |  8 PagesFord Motor Company is one of the top automotive companies in the world. It was founded in 1903 by Henry Ford who wanted to develop some kind of transportation for the individual convenience and to make the product affordable. In 1909, Ford Motor Company manufactured its first automobile called the Model T. This was a big success among the regional especially in Detroit where it all began. As the popular for the Model T rose, Ford had to increase its production to keep up with demand. The companyRead MoreCase Analysis Report Ford Motor Company and Firestone3599 Words   |  15 PagesCase Analysis Report In August 2000, Ford Motor Company and Firestone Tire Company recalled 6.5 Million ATX and AT tires that had been installed on Ford’s Explorer model SUV. At the time, it appeared as though Ford and Firestone were doing the right thing. They had found out that the tread separated on Ford Explorers in states with intense heat, such as Florida and Texas. 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Discuss. c. Conduct a CSR analysis of both Firestone and Ford. How do they measure up in fulfilling their various social responsibilities? d. Who is at fault in the tire separation controversy? Bridgestone / Firestone? Ford Motor Company? The NHTSA? IIIRead MoreLegal Analysis Grimshaw V Ford Motor Company1449 Words   |  6 PagesLegal Analysis Grimshaw v. Ford Motor Company Facts In 1972 a Ford Pinto, purchased six months prior, unexpectedly stalled on the freeway in California. The Pinto was hit from behind by a Ford Galaxy, erupting into flames instantly. The driver of the car, Lilly Gray, suffered from fatal burns and died a few days later in the hospital. The passenger, a 13-year old boy named Richard Grimshaw, was also severely injured from burns, which caused his face and body to be permanently disfigured. After

Strategies Implemented In Bellini Italian-Free-Samples for Students

Question: Discuss about the Issue Presented in Bellini Italian restaurant. Answer: Background The background provided in the case study is that Bellini Italian Restaurant is a restaurant located in Main Street, CBD, Capital City, Australia. It has the capacity to accommodate 78 seats and promotes the food theme of authentic Italian. The chef and the owner of the restaurant is Francesco Del Piero. The chef has designed the style of menu as A La Carte and has computed the average daily guest turnover as 39. The major issue that currently concerns the owner of the restaurant is that the restaurant seems very quite during the mid-week period. Francesco wants to utilize the management and leadership skills that he possesses to restructure the restaurant and increase business. He has proposed a new concept in terms of menu for the restaurant, that is, all you can eat buffet. The sole purpose behind such a strategy is increasing the overall profitability and the volume of sales of the business. The owner feels that the reduction in some of the menu prices may lead to reduction in the contribution margin per unit of food. Therefore, he resorts to the solution of increasing the sales revenue from the beverages and expanding the associated client base. This study aims to provide an overview into the profitability and effectiveness of the decision taken by the owner/chef. All you can eat strategy and its likely effect The strategy undertaken by Francesco to introduce the style of the menu offered by the restaurant, as all you can eat buffet is a wise and well thought plan by the owner of the restaurant. Francesco implements the newly introduced menu style into the schedule of business and decides to introduce the concept on Monday, Tuesday and Wednesday evenings at $28.90 per person and children at $12.50 each. The introduction of a buffet concept is very likely to increase sales during the mid week. The concept of a buffet menu itself will attract customers thus expanding the customer base as desired by the owner of the restaurant. However, Francesco should determine the prices of the various food items included in the buffet menu, more or less accurately. This is because the price tagged for an adult and a child for selecting the buffet style of menu should be determined in such a way that even if a particular customer exceeds the estimated consumption margin, the price paid by the other customers compensate for this extra cost incurred (Dopson and Hayes 2015). Now, if Francesco determines the prices wrongly then this particular turnaround strategy may ultimately be the major reason for the downfall of business. The prices determined should not only cover for the cost of production of food but also for the cases of excess consumption in relation to the budgeted estimates. A well-known tec hnique applied in case of a buffet menu is the ABC inventory approach. This particular approach states that A items, that are the most expensive in the menu should not comprise of more than 20% of the total available product. B items, which belong to the mid price range should not comprise of more than 30% of the total available product and C items, which are the least expensive should account for 50% of the total offerings (Tse and Poon 2017) Therefore, provided all the proceedings are carried out accurately and with exact precision, the buffet style of menu is likely to be a success. Key information to be monitored to measure the results of this strategy The key information to be monitored to measure the results of the implemented strategy is that the owner of the business should be vigilant towards developing a pattern or trend as to the nature of customers that visit the restaurant on the respective days of Monday, Tuesday and Wednesday. For instance, it is being assumed that the scheduled day of practice for the local football team is on Monday and after practice, the team visits the restaurant for all you can eat buffet. Now, Tuesday observes a gang of high school goers who seem to stop at the restaurant in the evening for a quick bite at the all you can eat buffet. Again, on Wednesday the restaurant receives a random crowd comprising mostly of people between the age group of high thirties to low forties. This implies that the amount of food consumed by the members of the football team will definitely be more than the amount consumed by the gang of high school goers (Alonso and Mariani 2017). Therefore, proper monitoring on the part of the owner or the management of the restaurant will help in determining the amount of food made available (in accordance to the ABC inventory approach) and the prices to be determined according to the rate of consumption by the different categories of the customers. Monitoring should be primarily related to customer visitation and perception; food production process and how to deal with carry over and wastes; the contribution margin of the different menu styles and the overall effect on the sales volume and profitability (Heo 2016). Customer visitation and perception Customer visitation and perception regarding the newly introduced menu is very important. An important part of the service sector is feedback. Feedback from the targeted band of customers is the foundation on which any industry in the service sector thrives. The feedback by the customer should encompass the areas, in regards to the entire buffet experience; the quality of the food offered; and the quality of the experience, on the whole. Monitoring all these trends and feedbacks related to business should be what about which Francesco should be vigilant. The nature of the customers that visit the restaurant after the implemented change and their perception in regards to the new style of menu should be monitored and analyzed (Heo et al.,2013) Food production process and how to deal with carry overs and waste As mentioned in the case study, the monthly reports show the actual food cost to be 32%. Food costs refer to the costs that are associated with producing the food items that is ordered by a particular customer. Thus, it is apparently evident that the food costs are high and continuous monitoring of these costs may highlight the exact location where the extra cost is incurred by business. These may be reasons like excess price of the raw materials, economic inflation, lack of optimum utilization of the available resources (Ivanov 2014). The amount of food that is included in each session of the buffet, the amount to be added, if required and food left to waste at the end of each buffet menu should also be monitored in order to determine the optimum production amount (Kim et al., 2015) The different contribution margins (buffet vs. a la carte) The monitoring of the contribution margin obtained by the buffet and the old menu style, that is, a la carte, should be compared within a regular interval of time in order to determine whether the adoption of the new strategy is turning out to be a success for business. This means that the contribution margin generated by each style of menu has to be computed. The contribution margin must be calculated by deducting the variable costs from the respective revenue generated (Kim, Li and Brymer 2016) The overall effect on the sale volume and profitability The overall effect on the sale volume and profitability should also be monitored. The preparation of the essential financial statements and the significant ratios related to profitability of business and the other related important factors like the revenue related to sales generated by business after the implementation of the new strategy should be monitored regularly. The business owner may assign the rigorous task of monitoring, to an employee, as this is the most crucial step in assessing the success of the new strategy (Kimes 2016). Strategies to improve the overall profitability of the restaurant The strategy to improve the overall profitability of the restaurant is that the owner of the restaurant may consider ways to reduce the food costs. This will increase the percentage of revenue earned by the restaurant without having to increase the prices of the food items. The owner may also consider developing a feedback method which will create a proper channel for receiving the backward communication that has been transmitted by the customers. Analysis of business, especially in the restaurant industry, based on feedback by the customers is crucial (Kwok and Yu 2013). Francesco should also consider effectively utilizing the food that has been rendered unused after serving all the customers in a particular buffet session. The owner should look into the internal proceedings of business and should try to find out the root cause for the increased food costs. Lastly, the owner should also consider advertisement and promotion of the new menu style (like publications on the social media) so that the existing client base gets expanded, ultimately leading to increased revenue from business. The business owner may also consider increasing the price of the beverages for gaining more revenues (Tse and Poon, 2017) Conclusion Therefore, as concluded from the above information and analyses, the new style of menu will successfully attract more and more customers, provided that all the required estimations have been executed properly. The accurate computation of the food costs and other profitability components; designing the menu according to the pattern of customer visitation and perception and appropriate pricing of the food items will surely result in increase in revenue generation by business. Recommendations The particular recommendation in a situation as described in the case study is that the owner of the restaurant should be patient with the results generated by the strategic plan of buffet. This is because the modification of the buffet menu may be essential in order to suit the changing tastes and preferences of the customers. Thus, the owner should be patient with the returns generated by the new style of menu, as it would take the stipulated time to be a success and generate estimated revenues. References Alonso, A.D. and Mariani, S., 2017. Complexity, change and the restaurant business: a case study from Montevideo, Uruguay. International Journal of Leisure and Tourism Marketing, 5(4), pp.351-369. Dopson, L.R. and Hayes, D.K., 2015. Food and beverage cost control. John Wiley Sons. Heo, C.Y., 2016. Exploring group-buying platforms for restaurant revenue management. International Journal of Hospitality Management, 52, pp.154-159. Heo, C.Y., Lee, S., Mattila, A. and Hu, C., 2013. Restaurant revenue management: do perceived capacity scarcity and price differences matter?. International Journal of Hospitality Management, 35, pp.316-326. Ivanov, S.H., 2014. Hotel revenue management: From theory to practice. Browser Download This Paper. Kim, S., Koh, Y., Cha, J. and Lee, S., 2015. Effects of social media on firm value for US restaurant companies. International Journal of Hospitality Management, 49, pp.40-46. Kim, W.G., Li, J.J. and Brymer, R.A., 2016. The impact of social media reviews on restaurant performance: The moderating role of excellence certificate. International Journal of Hospitality Management, 55, pp.41-51. Kimes, S.E., 2016. The evolution of hotel revenue management. Journal of Revenue and Pricing Management, 15(3-4), pp.247-251. Kwok, L. and Yu, B., 2013. Spreading social media messages on Facebook: An analysis of restaurant business-to-consumer communications. Cornell Hospitality Quarterly, 54(1), pp.84-94. Tse, T.S. and Poon, Y.T., 2017. Modeling no-shows, cancellations, overbooking, and walk-ins in restaurant revenue management. Journal of foodservice business research, 20(2), pp.127-145.